iShares Core U.S. Aggregate Bond ETF $AGG Stake Trimmed by Balentine LLC

Balentine LLC decreased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 2,964,878 shares of the company’s stock after selling 9,222 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 11.9% of Balentine LLC’s holdings, making the stock its 3rd biggest position. Balentine LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $294,323,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Kampmann Melissa S. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% during the 4th quarter. Kampmann Melissa S. now owns 10,508 shares of the company’s stock worth $1,051,000 after purchasing an additional 100 shares during the last quarter. Verus Wealth Management LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the 1st quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock valued at $800,000 after buying an additional 106 shares during the period. Stephens Consulting LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.4% during the 4th quarter. Stephens Consulting LLC now owns 1,288 shares of the company’s stock worth $129,000 after purchasing an additional 111 shares during the period. Hoge Financial Services LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the fourth quarter. Hoge Financial Services LLC now owns 8,521 shares of the company’s stock valued at $851,000 after acquiring an additional 111 shares during the last quarter. Finally, Retirement Planning Group LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% during the fourth quarter. Retirement Planning Group LLC now owns 6,640 shares of the company’s stock valued at $663,000 after acquiring an additional 114 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $98.50 on Thursday. The firm has a market cap of $138.21 billion, a P/E ratio of 124.57 and a beta of 0.25. The firm’s 50 day moving average price is $98.80 and its 200-day moving average price is $99.55. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46.

About iShares Core U.S. Aggregate Bond ETF

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.